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Sunnyvale, CA - July 8, 2009
- NetApp (NASDAQ: NTAP) today announced that it will not
revise its proposal to acquire Data Domain (NASDAQ:DDUP) in the
wake of EMC's higher unsolicited offer, and that NetApp and Data
Domain have terminated their merger Terminated agreement. NetApp
confirmed that it has received a $57 million break-up fee from Data
Domain as a result of the termination of the agreement.

"While NetApp's acquisition of Data Domain
would have produced benefits for customers and employees and
complemented NetApp's existing growth trajectory, we remain highly
confident in our already compelling strategic plan, market
opportunities, and competitive strengths," said Dan Warmenhoven,
NetApp's chairman and CEO. "NetApp applies a disciplined approach
to acquisitions, one focused intently on creating long-term value
for our stockholders. We therefore cannot justify engaging in an
increasingly expensive and dilutive bidding war that would diminish
the deal's strategic and financial benefits."

"NetApp has established leadership positions
in virtualized infrastructure, storage efficiency, and unified
storage, even in these difficult economic times, by helping
customers meet their business objectives with less physical storage
while reducing costs. That commitment will not change. We look
forward to continuing to build on our foundation of innovation and
customer service, and to continuing to execute our successful
growth strategy."

Forward-Looking
Statements
In addition to historical information, this document contains
certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. The
forward-looking statements contained herein represent NetApp's
beliefs regarding future events, many of which are, by their
nature, inherently uncertain and outside NetApp's control.
Forward-looking statements include, but are not limited to,
statements regarding NetApp's market opportunities and competitive
strengths as well as its strategies, plans, and objectives and
other statements that are not historical facts.

NetApp cautions readers that the
forward-looking statements contained herein are subject to risks
and uncertainties that could cause actual results to differ
materially from the results anticipated by such statements.
Important factors that could cause actual results to differ
materially from those in the forward-looking statements include the
adverse global economic and market conditions, risks associated
with the anticipated growth in network storage and content delivery
markets, NetApp's ability to deliver new product architectures and
enterprise service offerings, and other important factors as
described in NetApp's reports and documents filed from time to time
with the Securities and Exchange Commission. NetApp disclaims any
obligation to update and revise the forward-looking statements
contained in these materials based on new information or
otherwise.

About NetApp
NetApp creates innovative storage and data management solutions
that help our customers deliver outstanding cost efficiency and
accelerate business breakthroughs. Discover our passion for helping
companies around the world go further, faster at www.netapp.com.

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